MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0001512
Medwell Ventures Private Limited - healthcare in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹17.84 Cr
▼ 2% YoY
Net loss · FY 2023
₹36.97 Cr
Net margin -207.2%
EBITDA · FY 2023
-₹29.45 Cr
EBITDA margin -165.1%
Authorised capital
₹81.83 Cr
Registered with MCA
Paid-up capital
₹25.92 Lakh
Issued & subscribed
Satisfied charges
₹12 Cr
No open charges
Company age
12 yrs
Est. 2014
Employees · EPFO
77
Provident fund records
About Medwell Ventures Private Limited
Data last updated:
Medwell Ventures Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 11 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85100DL2014PTC429322. Its GSTIN is 27AAECN6240Q1ZY (Maharashtra). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹81.83 Cr and a paid-up capital of ₹25.92 Lakh. It was formerly known as Nightingales Wellness Private Limited. It is led by directors Ankit Kumar Goel and Gaurav Thukral.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Punjabi Bhawan, 10 Rouse Avenue, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.84 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹36.97 Cr (net margin -207.2%) and EBITDA of -₹29.45 Cr (EBITDA margin -165.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 17% over five years.
The company has about 77 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Nightingales Home Health Services and Medwell Ventures. As per MCA filings, the company has satisfied charges of ₹12 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 18 deals on record (8 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹259.8 Cr; the latest was in March 2025. Its 6 peer companies in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (other hospital and medical care activities) are compared by revenue, 3 larger and 3 smaller; the largest is Sada Sharada Tumor and Research Institute with revenue of ₹80.93 Cr. The company has 8 MSME Form 1 returns on record between 2017 and 2024, listing 51 overdue payments to 23 micro and small suppliers.
Medwell Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0001512). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medwellventures.com.
Company details
CIN U85100DL2014PTC429322
Registration Number 429322
Incorporation Date 11 March 2014
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0001512
CIN history
Medwell Ventures has one previous CIN (Corporate Identification Number): U85100GJ2014PTC079080. The current CIN is U85100DL2014PTC429322, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85100DL2014PTC429322 | Current |
| U85100GJ2014PTC079080 | Previous |
Key People
Ankit Kumar Goel Director Gaurav Thukral Director Recognitions & Rankings of Medwell Ventures
Contact details
Medwell Ventures Private Limited's registered office is in New Delhi, Delhi. Its website is medwellventures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Punjabi Bhawan, 10 Rouse Avenue, New Delhi, Delhi, India – 110002
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Medwell Ventures Private Limited, buy the company report.
Comprehensive company report
Medwell Ventures Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Medwell Ventures operates two associated brands: Nightingales Home Health Services and Medwell Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home health care services | nightingales.in | |
| Home healthcare services are provided to chronic disease patients. | medwellventures.com |
Financials of Medwell Ventures Private Limited
FY 2025 filings availableMedwell Ventures Private Limited reported revenue of ₹17.84 Cr (down 2% YoY) for FY 2023.
Revenue · FY 2023
₹17.84 Cr ▼ 2%
Net loss · FY 2023
₹36.97 Cr margin -207.2%
EBITDA · FY 2023
-₹29.45 Cr margin -165.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 33%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 7%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.84 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹36.97 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -165.1% | ||||
| Net Profit Margin | -207.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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To see the full financial statements and ratios of Medwell Ventures Private Limited, buy the company report.
Board of directors of Medwell Ventures Private Limited
Medwell Ventures has 2 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Kumar Goel Also directs: Health Impetus Private Limited, Suvitas Holistic Healthcare Private Limited, Swastham Care India Private Limited and 3 more | Director | 24 May 2024 | 2 Years 5 Months | Current |
| Gaurav Thukral Also directs: Pratibimb Advisors LLP, Health Impetus Private Limited, Suvitas Holistic Healthcare Private Limited and 3 more | Director | 06 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Medwell Ventures Private Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sada Sharada Tumor and Research Institute | ₹80.93 Cr (FY 2025) | 39.0% | Karnataka, India | |||
| Med Care 365 Medical Services Private Limited | ₹79.85 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| SPGS Healthcare Private Limited | ₹74.04 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Sukino Healthcare Solutions Private Limited | ₹72.65 Cr (FY 2025) | 58.0% | Bangalore, Karnataka, India | |||
| Sahrudaya Health Care (Srikakulam) Private Limited | ₹68.15 Cr (FY 2025) | 5.0% | Madhapur Village, Telangana, India | |||
| Altius Healthcare Private Limited | ₹67.74 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Medwell Ventures Private Limitedthis company | ₹17.84 Cr (FY 2023) | -₹36.97 Cr | -207.2% | -2.0% | 77 | New Delhi, Delhi, India |
To see the full peer comparison of Medwell Ventures Private Limited, buy the company report.
Auditor
Medwell Ventures Private Limited is audited by MAPSS AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAPSS AND COMPANY | FY 2023 | 012796C |
Shareholding
The shareholding of Medwell Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medwell Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2019 | 100244085 | Others | ₹12 Cr | Satisfied |
To see the full charge records of Medwell Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Medwell Ventures Private Limited has 18 deals on record (8 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹259.8 Cr; the latest was in March 2025.
Total deals
18
Funding rounds
8
Secondary share transfers
8
Convertible or debt financing
1
Debt financing
1
Disclosed funding
₹259.8 Cr
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Health Care at Home India Private Limited Seller: Oikos Asia Healthcare Limited |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Health Care at Home India Private Limited Seller: Oikos Asia Healthcare Limited |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: Health Care at Home India Private Limited , Health Care at Home India Private Limited & Vivek Srivastava Seller: Cytespace Research Private Limited , Eight Roads Ventures, Mahindra Holdings Limited |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: Health Care at Home India Private Limited Seller: Eight Roads Ventures, Mahindra Holdings Limited , Cytespace Research Private Limited |
| Jan 2023 | Funding round | ₹2.6 Cr | Investors: Cytespace Research Private Limited |
To see the full deal history of Medwell Ventures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Medwell Ventures Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Private Hospital & Nursing Homes Association | Disposed |
To see the full case history of Medwell Ventures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Medwell Ventures Private Limited has 8 MSME Form 1 returns on record between 2017 and 2024, listing 51 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vasan & Sampath LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| Syrma Johari Medtech Limited | |||
| Deliveryontime Logistics Private Limited |
To see the full MSME payment records of Medwell Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Medwell Ventures Private Limited has a workforce of 77 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
77
Active EPFO establishments
1
Employee growth
-59.47%
GST
Medwell Ventures has 7 GST registrations: 4 active and 3 cancelled or inactive.
Total GSTINs
7
Active
4
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN6240Q1ZY | Maharashtra | Active | 01 Jul 2017 |
| 29AAECN6240Q1ZU | Karnataka | Active | 01 Jul 2017 |
| 36AAECN6240Q1ZZ | Telangana | Active | 01 Jul 2017 |
| 29AAECN6240Q2ZT | Karnataka | Active | 16 Nov 2022 |
To see the full GST registrations and return filing status of Medwell Ventures Private Limited, buy the company report.
Recent activity
Medwell Ventures Private Limited has 21 board changes on record since 2021: 2 appointments and 19 cessations. The latest: Gaurav Thukral ceased to be Additional Director on 28 Sep 2025.
AGM
Medwell Ventures Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Gaurav Thukral ceased to be Additional Director.
Ceased
Sunil Kumar Thakur ceased to be Additional Director.
Appointed
Gaurav Thukral was appointed as Director.
Filing
Medwell Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Ankit Kumar Goel ceased to be Additional Director.
Appointed
Ankit Kumar Goel was appointed as Director.
Ceased
Alka Srivastava ceased to be Additional Director.
Ceased
Vivek Srivastava ceased to be Additional Director.
Ceased
Akila Krishnakumar ceased to be Director.
Ceased
Ferzaan Nariman Engineer ceased to be Director.
Ceased
Gerardus Adrianus Hoogland ceased to be Director.
14 earlier events are in the company report.
News
Frequently asked questions
Medwell Ventures is an active private limited company based in New Delhi, Delhi, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 11 March 2014 (12+ years old) and is registered under CIN U85100DL2014PTC429322.
Medwell Ventures has 2 current directors:
- Ankit Kumar Goel - Director
- Gaurav Thukral - Director
The latest financial statements of Medwell Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Medwell Ventures is 27AAECN6240Q1ZY, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAECN6240Q1ZU (Karnataka), 36AAECN6240Q1ZZ (Telangana), 29AAECN6240Q2ZT (Karnataka).
The CIN (Corporate Identification Number) of Medwell Ventures is U85100DL2014PTC429322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medwell Ventures has 1 court case on record: 1 filed against it.
Medwell Ventures was incorporated on 11 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Medwell Ventures has 18 deals on record (8 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹259.8 Cr; the latest was in March 2025.
The peers of Medwell Ventures by revenue are Sada Sharada Tumor and Research Institute, Med Care 365 Medical Services Private Limited, SPGS Healthcare Private Limited, Sukino Healthcare Solutions Private Limited, Sahrudaya Health Care (Srikakulam) Private Limited and 1 more, all in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (other hospital and medical care activities).
Gaurav Thukral ceased to be Additional Director on 28 Sep 2025. Sunil Kumar Thakur ceased to be Additional Director on 28 Sep 2025. Gaurav Thukral was appointed as Director on 06 Jun 2025. Medwell Ventures has 21 board changes on record in total.
Yes, Medwell Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0001512).
Medwell Ventures has 8 MSME Form 1 returns on record between 2017 and 2024, listing 51 overdue payments to 23 micro and small suppliers. The latest return was filed on 24 Apr 2024.